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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549


FORM 10-KSB

AMENDMENT NO. 1

|    |  |                                                                      
|--- |  | ---------------------------------------------------------------------
|[X] |  | ANNUAL REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934

For the fiscal year ended December 31, 2002

|    |  |                                                                          
|--- |  | -------------------------------------------------------------------------
|[ ] |  | TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES ACT OF 1934

For the transition period from to

Commission file number

METALINE CONTACT MINES




(Name of Small Business Issuer in its charter)


|                                                               |  |                                     
|-------------------------------------------------------------- |  | ------------------------------------
|Washington                                                     |  | 91-0779945                          
|                                                               |  |                                     
|(State or other jurisdiction or incorporation
or organization) |  | (I.R.S. Employer Identification No.)
|                                                              
|6599 Prichard Creek Road, Murray, Idaho                        |  | 83874                               
|                                                               |  |                                     
|(Address of principal executive offices)                       |  | (Zip Code)                          

Issuers telephone number 208-682-2217

Securities registered under Section 12(b) of the Exchange Act:

|                    |  |                                          
|------------------- |  | -----------------------------------------
|Title of each class |  | Name of each exchange on which registered
|                    |  |                                          
|                   
|                    |  |                                          

Securities registered under Section 12(g) of the Exchange Act:

Capital Common  $0.05 Par Value




(Title of Class)




---

(Title of Class)


Check whether the issuer (1) filed all reports required to be filed by Section
13 or 15(d) of the Exchange Act during the past 12 months (or for such shorter
period that the registrant was required to file such reports), and (2) has been
subject to such filing requirements for the past 90 days. [X] Yes [ ] No





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Check if there is no disclosure of delinquent filers in response to Item 405 of
Regulation S-B is not contained in this form, and no disclosure will be
contained, to the best of registrants knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form
10-KSB or any amendment to this Form 10-KSB. [ ]

State issuers revenues for its most recent fiscal year. $12,790.00

State the aggregate market value of the voting and non-voting common equity
held by non-affiliates computed by reference to the price at which the common
equity was sold, or the average bid and asked price of such common equity, as
of a specified date within the past 60 days. $4,219,290 as of April 1, 2002

(ISSUERS INVOLVED IN BANKRUPTCY PROCEEDINGS DURING THE PAST FIVE YEARS)

Check whether the issuer has filed all documents and reports to be filed by
Section 12, 13 or 15(d) of the Exchange Act after the distribution of
securities under a plan confirmed by a court. [ ] Yes [ ] No. NOT
APPLICABLE

(APPLICABLE ONLY TO CORPORATE REGISTRANTS)

State the number of shares outstanding of each of the issuers classes of
common equity, as of the latest practicable date. 14,064,300 as of April 1,
2002

DOCUMENTS INCORPORATED BY REFERENCE

If the following documents are incorporated by reference, briefly describe them
and identify the part of the Form 10-KSB (e.g., Part I, Part II, etc.) into
which the document is incorporated: (1) any annual report to security holders;
(2) any proxy information statement; and (3) any prospectus filed pursuant to
Rule 424(b) or (c) of the Securities Act of 1933 (Securities Act). The
listed documents should be clearly described for identification purposes (e.g.,
annual report to security holders for the fiscal year ended December 31, 1990).

Transitional Small Business Disclosure Format (check one): Yes [ ] No [X]

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|                                                                        |  |  |  |  |  |  |  | 
|----------------------------------------------------------------------- |  |  |  |  |  |  |  | 
|SIGNATURE                                                              
|CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002
|CERTIFICATION PURSUANT TO SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002



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Metaline Contact Mines (the Registrant) is filing this Amendment No. 1 to its
Form 10-KSB, which was filed with the U.S. Securities and Exchange Commission
on April 11, 2003, in order to include the Section 302 Certifications required
pursuant to the Sarbanes-Oxley Act of 2002.




SIGNATURE

In accordance with Section 13 or 15(d) of the Exchange Act, the registrant has
duly caused this report to be signed on its behalf by the undersigned,
thereunto duly authorized.

|                       |                                      |  |  |       |        | 
|---------------------- | ------------------------------------ |  |  | ----- | ------ | 
|METALINE CONTACT MINES |                                      |  |  |      
|                      
|By:                    | /s/ Richard L. Howell                |  |  | Date: | 5/6/03
|                       |                                      |  |  |       |        | 
|                       | Richard L. Howell, President         |  |  |      
|                       | (Principal Executive Officer)        |  |  |      
|                      
|By:                    | /s/ John W. Beasley                  |  |  | Date: | 5/6/03
|                       |                                      |  |  |       |       
|                       | John W. Beasley, Secretary/Treasurer |  |  |      
|                       | (Principal Financial Officer)        |  |  |      

In accordance with the Exchange Act, this report has been signed below by the
following persons on behalf of the registrant and in the capacities and on the
dates indicated.

|    |                           |  |       |       
|--- | ------------------------- |  | ----- | ------
|By: | /s/ Richard L. Howell     |  | Date: | 5/6/03
|    |                           |  |       |       
|    | Richard L. HowellDirector |  |       |       
|   
|By: | /s/ John W. Beasley       |  | Date: | 5/6/03
|    |                           |  |       |       
|    | John W. Beasley           |  |       |       
|    | Director                  |  |       |       
|   
|By: | /s/ Ed Pommerening        |  | Date: | 5/6/03
|    |                           |  |       |       
|    | Ed Pommerening            |  |       |       
|    | Director                  |  |       |       

Supplemental information to be Furnished With Reports Filed
Pursuant to Section 15(d) of the Exchange Act by Non-Reporting Issuers

Not Applicable

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CERTIFICATION PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, Richard l. Howell, President and Chief Executive Officer of Metaline Contact
Mines (the Registrant) certify that:



|1. |  | I have reviewed this annual report on Form 10-KSB being filed;                                                                                                                                                                                                                                           
|-- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|2. |  | Based on my knowledge, the report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;
|  
|3. |  | Based on my knowledge, the financial statements, and other financial
information included in the report, fairly present in all material
respects the financial condition, results of operations and cash flows of
the Registrant as of, and for, the periods presented in this annual
report.            
|  
|4. |  | The Registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-14 and 15d-14) for the Registrant and
have:                                                                                   



| | (i)   |  | designed such disclosure controls and procedures to ensure
that material information relating to the Registrant, including its
consolidated subsidiaries, is made to us by others within those
entities, particularly during the period in which this annual report
is being prepared.
| | ----- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (ii)  |  | evaluated the effectiveness of the Registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this annual report (the Evaluation Date); and                                                                                            
|
| | (iii) |  | presented in this annual report our conclusions about the
effectiveness of the disclosure controls and procedures on our
evaluation as of the Evaluation Date;                                                                                                                        



|5. |  | The Registrants other certifying officer and I have disclosed, based on
our most recent evaluation, to the Registrants auditors and the audit
committee of the Registrants Board of Directors (or persons performing
the equivalent functions):
|-- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (i)  |  | all significant deficiencies in the design or operation of
internal controls which could adversely affect the Registrants
ability to record, process, summarize and report financial data and
have identified for the Registrants auditors any material weakness
in internal controls; and
| | ---- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (ii) |  | any fraud, whether or not material, that involves management
or other employees who have a significant role in the Registrants
controls; and                                                                                                                                               



|6. |  | The Registrants other certifying officer and I have indicated in this
annual report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal
controls subsequent to the date of our most recent evaluation, including
any corrective actions with regard to significant deficiencies and
material weaknesses.
|-- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   |  | Date: May 6, 2002                                                                                                                                                                                                                                                                                                                                                                    

|                            
|----------------------------
|/s/ Richard L. Howell       
|                            
|Richard L. Howell, President





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CERTIFICATION PURSUANT TO
SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002

I, John W. Beasley, Secretary/Treasurer and Chief Financial Officer of Metaline
Contact Mines (the Registrant) certify that:



|1. |  | I have reviewed this annual report on Form 10-KSB being filed;                                                                                                                                                                                                                                           
|-- |  | ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|2. |  | Based on my knowledge, the report does not contain any untrue statement
of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements
were made, not misleading with respect to the period covered by this
report;
|  
|3. |  | Based on my knowledge, the financial statements, and other financial
information included in the report, fairly present in all material
respects the financial condition, results of operations and cash flows of
the Registrant as of, and for, the periods presented in this annual
report.            
|  
|4. |  | The Registrants other certifying officers and I are responsible for
establishing and maintaining disclosure controls and procedures (as
defined in Exchange Act Rules 13a-14 and 15d-14) for the Registrant and
have:                                                                                   



| | (i)   |  | designed such disclosure controls and procedures to ensure
that material information relating to the Registrant, including its
consolidated subsidiaries, is made to us by others within those
entities, particularly during the period in which this annual report
is being prepared.
| | ----- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (ii)  |  | evaluated the effectiveness of the Registrants disclosure
controls and procedures as of a date within 90 days prior to the
filing date of this annual report (the Evaluation Date); and                                                                                            
|
| | (iii) |  | presented in this annual report our conclusions about the
effectiveness of the disclosure controls and procedures on our
evaluation as of the Evaluation Date;                                                                                                                        



|5. |  | The Registrants other certifying officer and I have disclosed, based on
our most recent evaluation, to the Registrants auditors and the audit
committee of the Registrants Board of Directors (or persons performing
the equivalent functions):
|-- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------



| | (i)  |  | all significant deficiencies in the design or operation of
internal controls which could adversely affect the Registrants
ability to record, process, summarize and report financial data and
have identified for the Registrants auditors any material weakness
in internal controls; and
| | ---- |  | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|
| | (ii) |  | any fraud, whether or not material, that involves management
or other employees who have a significant role in the Registrants
controls; and                                                                                                                                               



|6. |  | The Registrants other certifying officer and I have indicated in this
annual report whether or not there were significant changes in internal
controls or in other factors that could significantly affect internal
controls subsequent to the date of our most recent evaluation, including
any corrective actions with regard to significant deficiencies and
material weaknesses.
|-- |  | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
|  
|   |  | Date: May 6, 2002                                                                                                                                                                                                                                                                                                                                                                    

|                                                              
|--------------------------------------------------------------
|/s/ John W. Beasley                                           
|                                                              
|John W. Beasley, Secretary/Treasurer &
Chief Financial Officer